Financial News and Economical Crisis

Trading volume on FORTS substantive session amounted to $ 2 455 million with the total number of transactions more than 324 thousand. The number of open positions in futures has increased significantly and amounted to 2 936 156 contracts, according to Options - 1 322 002 contracts. Futures on the RTS index rose in price by 4,68%, closing at a value of 134 100 points. Open interest in futures on the index was 412 673 contracts. The largest growth occurred on contracts ... Read More

As of 18:00 Moscow time the volume of trading on the MICEX Stock Exchange amounted to 190.47 billion rubles. or 6.4 billion dollars, the MICEX Index, compared with the value at closing of the previous trading day increased by 40.7 n. (3.319%) to 1266.87 p. MICEX Oil Gas Index - rose 71.64 subsection (3.103%) to Section 2380.66, MICEX Power Index - rose by 41.6 n. (1.878%) to Section 2257.24, MICEX Telecommunication Index - rose 24.07 n. (1.663%) to ... Read More

Ukrainian President Viktor Yushchenko signed a decree number 813/2009 on the activities to ensure the restoration of stability in the banking system. The text of the decree posted on the official site of the head of state. In particular, the President recommended that the NBU, with the participation of the provisional administrator a list of the largest banks of unscrupulous borrowers, to provide within five days of completion of the temporary administrators of negotiations with the borrowers on the ... Read More

Today in the results: Energy and energy Futures on black gold on the trading session on Thursday, Oct. 8 show steady growth. Investors win back the data on stocks in the U.S. and the dynamics observed today in Asian stock markets and currency markets. Oil fell on Wednesday despite the fall in reserves of black gold in the United States. The impact on the players in this report had ... Read More

Constitutional Court of Ukraine recognized the inconsistent Basic Law, the provisions of paragraph 2 of Part 1 of Article 49 and the second sentence st.51 law On Compulsory State Pension Insurance, providing for termination of pensions of citizens of Ukraine during their stay abroad. decision of the Constitutional Court on the relevant submission made public on Thursday. These provisions would lose their effect from the date of the adoption of the Constitutional Court of Ukraine of the ... Read More

Today's opening was held at the Russian sites to increase the quotations of the most liquid securities. At the moment, blue chips traded at their daily maximum values. By 14:10 the MICEX index rose by 2.92% and the RTS index gained weight 2,65%. The biggest demand is for shares of the oil, banking and steel sectors. Index MICEX OG growing at 2,57%, MICEX FIN increased by 2,43% and the MICEX MET MIN gaining weight 2,29%. The biggest demand ... Read More

Stocks Buy shortovy ETF on U.S. Treasury bonds (TBT US) in the case of reduction of quotations to $ 42.0 and below with the immediate goal of $ 48.4. Maintain long positions in ordinary shares of Gazprom (GAZP RX) with the immediate goal of 192.0 rubles. flat profits on long positions in preferred shares of Surgutneftegaz (SNGSP RX) in the case of growth of quotations of up to 12.49 rubles. ... Read More

Finam provided an updated forecast that the price of one U.S. dollar in 2009 will amount to 30 rubles, and the ratio of euro /dollar - 1,45. According to analysts of investment companies, pressure on the dollar have a risk of inflation in the U.S. economy, record U.S. budget deficit, and reduced investor demand for defensive tools against normalization of economic conditions. Analysts Finam forecasts have been revised value of the ruble against the dollar and ... Read More

Ukrainian entrepreneurs adapt to the economic situation in the country. According to the study released yesterday Ernst Young and the European Business Association, the main problems facing enterprises, began to lose its relevance. The only exceptions are the currency risk, which came in first place in the list of concerns of businessmen. Yesterday auditing company Ernst Young and the European Business Association announced the fourth quarterly report Impact of economic crisis on the Ukrainian companies. Survey of 77 companies, ... Read More

Bidding on Wednesday began an extremely optimistic - but since the ambient background in the evening did not become better than in the morning, as oil prices fell slightly during the day, and our market ended the day quite modest. Indices, in general, managed to remain in positive zone, like most papers, but overall, plus a much smaller than in the first half of the day. And above all it concerns the morning the leaders of growth, shares of bank VTB, which, ... Read More